SP taking a beating today, frustrating to watch.We are almost...

SP taking a beating today, frustrating to watch.

We are almost back to where we were before the COH announcement.
And we can't blame the drop in SP on the bots, there is genuine holders selling mixed in with the bots.

Right at the moment SH's or non SH's see no upcoming announcements that will kick the SP along 10% or more. There is no need to buy shares yet, the SP is trend down so hold off until September - No fomo.

It would be nice confidence boost to existing shareholders if new Management stumped up and bough shares on the market.
Oh hang on, they cannot because the quarterly is due any day which is a Market Sensitive announcement...lucky for them.

I prefer the old days where announcements were flowing regularly and you didn't know when to expect news, hence you didn't want to sell just in case you missed out on a big announcement. These days announcements have dried up - see graph below over the last 2 years for RAC.
The timing of announcements have been become much less frequent and predictable.
I understand that Damien has taken this new approach around test results with validation and publication.
I certainly hope he knows what he is doing here because it is negatively impacting the SP with holders selling due to lack of news and declining SP.



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